$OP ｜Daily chart breaks above MA200｜MA200 0.1123
Before considering position sizing, first understand moving averages.
Moving averages are calculated from past prices, so they inherently lag: the longer the period, the smoother the line and the slower its response.
Many people wait for the price to move above the moving average, then take it seriously only if a pullback holds. After a break below, they wait for a rebound to fail before confirming the move.
All data only describes past price action; the market can move in the opposite direction at any time.
#OP
Before considering position sizing, first understand moving averages.
Moving averages are calculated from past prices, so they inherently lag: the longer the period, the smoother the line and the slower its response.
Many people wait for the price to move above the moving average, then take it seriously only if a pullback holds. After a break below, they wait for a rebound to fail before confirming the move.
All data only describes past price action; the market can move in the opposite direction at any time.
#OP